The Nifty is predicted to stay inside a narrow range in the January F&O series; ONGC and Tata Motors shares are recommended

Both the Nifty and Bank Nifty were mostly unmoved to begin the January series. For the last 8–10 trading sessions, the Nifty has been stuck in a narrow range between support at 17800 and resistance at 18100. Continued range-bound trading is expected with the VIX around 14.5. Due to the rela...

ONGC'S SHARE IN INDIA'S OIL AND GAS PRODUCTION JUMPS TO 70 PERCENT

HIGHLIGHTS

• In past ten years, ONGC's share in India's Oil & Gas production has jumped to 70%.
• Gas output from the block is expected to be profitable for ONGC.
• India is going to start a new pricing regime from 1 APR 2021.
...

INDIA INVITES INVESTMENT FROM EXXONMOBIL

HIGHLIGHTS

• The Indian government has invited ExxonMobil to increase investment in oil exploration.
• The government is wooing ExxonMobil to take stakes in offshore acreage controlled by ONGC.

In JAN 2021, the state-backed Oil & Nat...

SURVEY STATES 6 PERCENT FALL IN INDIA'S OIL PRODUCTION

HIGHLIGHTS

• Coal and Crude Oil have maximum share in the Indian energy consumption.
• Production of petro products/refinery products fall by 13.5% during APR-DEC FY21.
• Oil production reduced in India due to pandemic caused by coronavirus.
...

RELIANCE: THE ONLY INDIAN NAME IN THE LIST OF TOP 100 GLOBAL COMPANIES

According to the 2020 Fortune Global 500 list that was released on August 11, India’s most valuable company led by Asia’s richest man Mukesh Ambani has made it to the list of top 100 companies in the world. Riding high on some serious investments in its telecom arm Jio Platforms, Reli...

SENSEX SLUMPS 100 POINTS, NIFTY BELOW 11,200

Highlights

• The S&P BSE Sensex is trading at 38,013.73 points and the benchmark Nifty50 index is at 11,204.20 

• Tata Steel, HCL Tech and ICICI Bank were the top Sensex laggards, while on the flipside ONGC was trading one percent upwards

• Ma...

SENSEX JUMPS 450 POINTS, NIFTY RECLAIMS 11,000

Highlights

• The S&P BSE Sensex is trading at 37,488.77 points, while the benchmark Nifty50 is at 11,042.25 levels

• Reliance Industries Limited, ITC, ONGC, Maruti Suzuki and Asian Paints were the top Sensex gainers in the first trading session on Tuesday

SENSEX GAINS 150 POINTS, NIFTY RECLAIMS 10,400 LEVELS

Highlights

• The S&P BSE Sensex is trading at 35,125.07 levels, while the benchmark Nifty50 is at 10,358.60 levels

• With 4 percent growth, Tata Steel was the top Sensex gainer in the early morning trading session on Tuesday followed by IndusInd Bank, Bajaj Finan...

STOCKS VOLATILE; BAJAJ FINANCE, ONGC TOP GAINERS

Highlights

• The S&P BSE Sensex is trading at 34,442.25 levels, while the benchmark Nifty50 index was at 10,164.70 points

• Bajaj Finance and ONGC were top Sensex gainers in the early morning trading session with growth of 4 percent and 2 percent respectively

SENSEX, NIFTY OPEN LOW AS TRADERS AWAIT SC HEARING ON AGR CASE

Highlights

• The S&P BSE Sensex is trading at 33,507.81 levels, while the benchmark Nifty50 index is at 9,895.40 levels

• Muthoot Finance was the top Sensex gainer with growth of 9 percent, while the ONGC was the top laggard

• Total 57 companies in...

SENSEX JUMPS 500 POINTS, AT 32,000, NIFTY OVER 9,450

Highlights

• At present, the S&P BSE Sensex is trading at 32,125.62 levels

• The Nifty50 index has gained nearly 150 points and is at 9,458.25

• ONGC and Larsen & Tubro were among the top Sensex gainers, while Bharti Airtel, ITC and TCS were in...

SENSEX UP BY 500 POINTS WHILE NIFTY AROUND 9,000

Highlights

• With jump of 520 points, the S&P BSE Sensex is at 30,550 levels

• The Nifty50 index is hovering around 8,970 levels led by Nifty Financial Services index which went up by 1.6 percent

• ONGC emerged as the top Sensex gainer with jump of...

Government's plan to sell complete stake in BPCL

The state-owned Oil Marketing Company (OMC's) has been in the news recently as the government is planning to sell its entire stake in the firm in order to meet its disinvestment targets of about 1.05 Lakh crore this year.

The OMC's which have predominantly been under the control...

At eight bids for seven oil blocks, the government is a shock

The bidding process for seven oil blocks in the northern region of the country saw only eight bids come in before the closing bell of the bidding process was rung. These blocks are located in Rajasthan, Madhya Pradesh, and the West Bengal region in the country.

The Director-General of H...

Rs 5,500 crore granted to the North-East gas grid project

Latest reports suggest the government of India is providing a Viability Gap Funding (VGF) of Rs 5,500 crore to the North-East gas grid.

News sources allege the Prime Minister’s Office has agreed to the proposal of the oil ministry to extend 60% of budgetary support to the allegedl...

India in Open Athletics 2019

With the national Open Athletics going  on India, there's a lot to catch up on the athletics in the nation. And here are some highlights of the event.

Annu rani, setting the national record at 62.43m to enter the women's javelin throw final at the World Championships in Doh...

India ONGC sells or buys?

ONGC (Oil And Natural Gas Corporation) has always been a popular stock in the Indian stock market and was believed to be a good growth, and a steady stock but things have changed in the recent times as the stock has taken deep plunges due to varying global economic conditions, and also due to the...